Guide to Better Coverage

My Coverage Guide

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Life changes. Has your coverage?

Whether you're starting out, settling down, or retired, protecting what's important—that's what matters most. Our guide describes factors that can influence your insurance decisions, offers some coverages to consider, and leaves you with key questions to ask so you can find what's right for you.

Personalize your keychain with what's happening in your life, or just get started:

Starting OutNo dorms, no living at home—just you on your own.

New HomeFrom first time buyers to vacation homes.

Getting MarriedGoing from just "me" to "us".

New AdditionsGrowing family, growing house, growing needs.

Empty NestLots of space with the kids away at school.

RetiredYou've earned the right to sit back. Enjoy.

Just Livin'No big changes. Life's good, just as it should be.

How life changes can factor into insurance decisions.

New Home

Buying a home means more assets to protect and more liability exposure. Homeowners insurance can help cover your personal belongings, the physical structure of your house, and offer liability coverage in the event of a lawsuit.

Getting Married

When two people come together, they combine their lives and often their assets. As you and your spouse evaluate your insurance options, keep in mind that discounts may be available for consolidating all your policies with one company.

New Additions

As your family grows and changes, so can the things you need to protect. An addition to your home, new car, or just the extra stuff that growing families tend to accumulate. All these changes could mean changes in your coverage too.

Starting Out

Being on your own can be exciting and scary all at once. You're focused on protecting yourself and the things you have. And finding the right coverage to fit your budget and needs doesn't have to be daunting. Many insurers offer payment plans or automated withdrawals to help individuals just like you start off on the right foot with their finances.

Empty Nest

Even kids away at school may still need the coverage your policies provide. Additionally, they might qualify for special student related discounts that could help you save on insurance.

Retired

You've worked hard to get here and may not need the same coverage you did during your working days. Now is the time to evaluate what's changed along the way. To make sure you've got insurance that still meets your everyday needs.

Just Livin'

Even when life doesn't seem to be changing, your insurance needs can. An annual review of your insurance policies can help make sure your coverages are up-to-date. Learn some of the factors to weigh, and questions to ask when reviewing your current coverages.

Now is a good time to review some of the factors that can influence your insurance decisions.

Where do you live?

Own my home
Own my condo
Renter
Other

Why it matters

Everyone should consider coverage for their personal belongingsand protect themselves with liability coverage in case they are sued or found responsible for someone else's injuries. In addition, home and condo owners also can cover the actual physical structure of their home.

Do you have teen orcollege age kids that drive?

Yes
No

As your family grows, so can your insurance needs. Having a teen
driver should prompt you to take a look at your coverages
and limits.

How many cars do you own?

No one plans to have an accident, but you can be prepared if they happen.
Protect yourself by making sure you've got the right coverage in place.

Do you plan to lease or finance a new vehicle in the next year or two?

Yes
No

Why a new vehicle matters

As time passes the principal on your loan or lease can often exceed
your car's actual value. Loan Lease Gap insurance could protect you from being
"upside down" on your auto loan in the event of a total loss. For new
cars, additional coverage options may be available.

Do you ever car pool or drive people around?

Some days I feel like a taxi service
I share driving duties with others
I generally drive alone

Why driving others matters

Regularly driving others can increase your exposure to accidents and the potential risk that you are sued or found responsible for someone else's injuries. Consider how much you have to lose if you were sued when considering liability coverage.

How much equity do you have in your home?

Estimated Value:

Why home equity matters

Your home is one of your biggest financial assets. Consider how much you have to lose if you were sued when considering liability coveragethe value of your assets can be an important consideration in determining how much liability coverage to purchase.

Why valuable items matter

Are you planning a wedding that includes any deposits you could lose or travel plans that could be canceled?

Yes
No

Why your wedding investment matters

Often weddings are a sizable financial investment. Special coverages can help you protect against the unanticipated. What if your venue suddenly goes out of business? What if the bridal salon loses your dress? What if your caterer backs out? The quality of your wedding day may depend on your decision to insure against financial loss.

Do you own any other real estate other than your primary home?

Yes
No

Why additional properties matter

Additional properties mean more assets and even more exposure to liability loss. Something as simple as a slip and fall at your rental property or second home could leave you open to additional liability exposure if someone gets injured.

Do you have a swimming pool or trampoline?

Yes
No

Why pools and trampolines matter

Accidents with pools or trampolines might be infrequent, but could be financially devastating for you, if you are found to be responsible for injuries to others. Consider how much you have to lose if you were sued when selecting an amount of liability coverage.

Why financial assets matter

When purchasing insurance, what's most important to you?

Price: I always buy the least expensive policy, even though it may provide less coverageBalance of Price and Coverage: I look for a less expensive policy but will pay a bit more if it means I have better coverageCoverage: I buy the policy that provides the coverage I'm looking for, even if it costs a bit more

Why price vs. coverage matters

Finding the right balance of price and coverage is a very personal decision.
That's why it's best to talk to a Travelers licensed insurance specialist or Independent Agent about your
particular situation and needs.

Auto Coverages

Things to Consider

There's a lot to think about when it comes to Auto insurance. Limits, deductibles, mandatory versus optional coverages—just to name a few. Listed below are some key components of an Auto policy. Speak to a Travelers licensed insurance specialist or Independent Agent to understand how these fit into your Auto insurance coverage.

Bodily Injury Liability

Generally covers Bodily Injury to other people, if you're found responsible for an accident. You should consider a policy that covers you up to:

Property Damage Liability Coverage

Generally pays for damages to another person's property (e.g. their car) when you are responsible for an accident.

Uninsured/Underinsured Motorist Coverage

People often purchase the same limits for Uninsured/ Underinsured coverage as Bodily Injury liability. Uninsured/Underinsured Motorist coverages can cover your damages and injuries if another driver is responsible for an accident, but has inadequate or no Auto insurance. This coverage varies widely by state.

Physical Damage Coverage

Physical Damage coverage consists of two separate coverages: Comprehensive and Collision. These coverages generally pay for damage to your vehicle as a result of things like, collision, theft, hail or vandalism. A deductible applies.

Possible Discounts

Multi-policy discounts can help you save!

Here are additional discounts you may be eligible for:

Guide to Better Coverage ("GTBC") is intended to provide you with general information about property casualty insurance and to help you understand certain factors you may want to consider when purchasing coverage. It is not intended to advise you of coverages, limits or deductibles for your specific situation. The information presented is not a recommendation. GTBC does not display all options available to you. You should review and consider all your options when purchasing insurance. Coverages, limits, discounts and deductibles presented in this tool vary by state and are subject to availability and individual eligibility. Any coverage description on this site is general and necessarily simplified. Actual coverage is subject to the terms, limits and conditions of your particular policies.

Insurance is underwritten by The Travelers Indemnity Company and its property casualty affiliates, One Tower Square, Hartford, CT 06183.